Craftview Software GmbH, a German software company specializing in soluIons for the construcIon sector, announces the acquisiIon of Extrabat, a leading French enterprise software company focused on the construction sector based in Angoulême, France.
EXTRABAT joins a leader in business-management software
This strategic acquisiIon, backed by Battery Ventures, represents an important milestone for Craftview France as it expands its presence in the French market and strengthens its position as a leading provider of comprehensive software soluIons for craftsmen across Europe.
Since its creation in 2007, Extrabat has established itself as the French market leader in the development of all-in-one management and control tools for construction professionals. Starting out as a software company specifically for swimming pool builders, it has since become the market leader and expanded its business activities to neighboring sectors. The Extrabat platform helps craftsmen to better manage their business, improve their efficiency and increase their competitiveness. Today, more than 4500 loyal customers with +41,000 users in France, Spain and Germany rely on Extrabat solutions, making Extrabat one of the fastest growing companies in the sector.
Extrabat developers' meeting ©Extrabat
"Joining the CRAFTVIEW group of companies is another exciting step in our development with many benefits for our employees, customers and partners," explains Anthony Body, founder of Extrabat. After 15 years of developing Extrabat, Anthony Body has decided to retire from the management team. However, he will continue to work with Craftview on joint projects. Stéphane Manfroy, Country Manager France at Craftview, will take over the management of Extrabat.
Extrabat expands Craftview's product portfolio with a native cloud soluIon (SaaS) with deep vertical functionality and proven ability to scale both vertically and across market segments.
Extrabat Team ©Extrabat
Klaus Enke, CEO of Craftview said: « We are very excited to welcome Extrabat to the Craftview Software family,. We are developing a micro-vertical strategy that does not treat every customer the same. Our soluIons are customized for each of the niches we focus on. This acquisition underscores that philosophy and expands our market opportunities in new geographies. We will continue to bring Extrabat's cloud platform to the attention of customers and tap into existing and new market segments with vertical-specific solutions that help our customers improve their business. »